There are many ways to invest in real estate from passive investing through REITs or crowdfunding, or active investing by managing rental properties, using the BRRRR method, flipping houses, or listing spaces as Airbnbs.
If you are thinking about investing in the housing market or are already doing so and want to expand your portfolio, getting guidance from experts is a good start. To help you on your way, here are some of the best real estate books for investors.
Real estate investing can help diversify a portfolio while also providing a hedge against market volatility; There’s a low correlation between real estate returns and stock market returns.
Real estate investing books can provide a broad overview of how to approach property investing or go into detail about specific investment kinds. But how can you know which novels are worth your time and which are just filler? Here are the best options to help you traverse every stage of your home investing journey as you create your library of real estate books.
The Book On Rental Property Investing – Brandon Turner
Brandon Turner is a real estate entrepreneur and the vice president of growth at BiggerPockets.com, a well-known real estate investing website. He published “The Book on Rental Property Investing,” a simple reference that explains all you need to know about generating cash flow with rental assets. It also outlines the most common rental property investment blunders.
If you’re interested in flipping houses rather than long investing, J Scott’s “The Book on Flipping Houses” is a must-read.He has established a very successful strategy for finding houses to flip, repairing them without diminishing profit margin, and reselling them for maximum profit as a professional flipper.
he Intelligent REIT Investor: How to Build Wealth With Real Estate Investment Trusts – Stephanie Krewson-Kelly and R. Brad Thomas
“The Intelligent REIT Investor” summarizes essential aspects of REIT investing as a wealth-building strategy. The writers show how to assess and choose which REITs to invest in based on the overall goals, risk tolerance e.g to a housing market crash, and investment time horizon.